Ultim V
ActiveUltim V has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335k and a net result of €240. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-3
Solvency87▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.7 in 2024; short-term debt: 3.9% and cash: 0.5% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.7%
Return on assets
0%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
26 d early
2024
80 d early
2023
1 d late
2022
55 d early
2021
35 d early
2020
23 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€335k▼ 3.8%
2024 · €348k
2019: €44k
2020: €37k
2021: €36k
2022: €34k
2023: €346k
2024: €348k
2019 → 2025
Total assets
€542k▼ 6.3%
2024 · €578k
2019: €355k
2020: €337k
2021: €321k
2022: €299k
2023: €592k
2024: €578k
2019 → 2025
Net result
€240▼ 98.5%
2024 · €16k
2019: €-21k
2020: €-7k
2021: €-1k
2022: €-2k
2023: €-2k
2024: €16k
2019 → 2025
Working capital
€-4k▲ 39.1%
2024 · €-7k
2019: €-62k
2020: €-55k
2021: €-56k
2022: €-58k
2023: €-10k
2024: €-7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€34k▼ 6.0%€346k▲ 931%€348k▲ 0.7%€335k▼ 3.8%
Operating result€1k-€489▼ 66.0%€691▲ 41.3%€5k▲ 586%€-11k
Net result€-1k-€-2k▼ 54.4%€-2k▲ 19.9%€16k€240▼ 98.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €542k
Fixed assets
€525k▼ 6.5%
Current assets
€17k▲ 2.6%
Equity and liabilities €542k
Equity
€335k▼ 3.8%
Debt
€207k▼ 9.9%
The debt ratio falls from 39.8% to 38.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€25k▼
2024 · €41k
Cash flow
€37k▼
2024 · €52k
Solvency
61.7%▲
2024 · 60.2%
Current ratio
0.80▲
2024 · 0.70
Quick ratio
0.80▲
2024 · 0.70
Debt / equity
0.62▼
2024 · 0.66
ROE
0.1%▼
2024 · 4.7%
ROA
0.0%▼
2024 · 2.8%
Interest coverage
12.83▼
2024 · 18.66
Debt
€207k▼
2024 · €230k
Debt ≤ 1 year
€21k▼
2024 · €24k
Debt > 1 year
€134k▼
2024 · €154k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€578k€542k▼
Fixed assets21/28€562k€525k▼
Tangible fixed assets22/27€562k€525k▼
Land and buildings22€562k€525k▼
Current assets29/58€17k€17k▲
Amounts receivable within one year40/41€1k€661▼
Trade receivables40€1k€647▼
Other amounts receivable41-€14
Current investments50/53€13k€13k▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€578k€542k▼
Equity10/15€348k€335k▼
Contributions10/11€100k€100k=
Revaluation surpluses12€300k€286k▼
Reserves13€14k€27k▲
Distributable reserves133€14k€27k▲
Profit (loss) carried forward14€-66k€-79k▼
Amounts payable17/49€230k€207k▼
Amounts payable after more than one year17€154k€134k▼
Financial debts170/4€154k€134k▼
Amounts payable within one year42/48€24k€21k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€103€169▲
Suppliers440/4€103€169▲
Taxes, remuneration and social security45€3k€649▼
Taxes450/3€3k€649▼
Accrued charges and deferred income492/3€52k€52k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€37k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€43k€27k▼
Operating profit (loss)9901€5k€-11k▼
Financial income75/76B€10€46▲
Recurring financial income75€10€46▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€3k€-13k▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€3-
Profit (loss) for the period9904€16k€240▼
Profit (loss) for the period to be appropriated9905€16k€240▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-65k▼
Profit (loss) brought forward from the previous period14P€-68k€-66k▲
Transfer to equity691/2€14k€14k=
To other reserves6921€14k€14k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €16k
Net result €16k after 5 loss-making years.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-06
Financial
Equity above €200kEq €346k ▲931%
Equity rises from €34k to €346k.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Joe Englishstraat 128000 BruggeGround area
1,368 m²
Building footprint
333 m²
Volume, LiDAR
1,978 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ultim V
since 20162.260.838.089
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0511/00E007 | Flanders | 822 m² | 1 · 181 m² | 9.7 m · 2 fl. |
| 31027D0420/00R003 | Flanders | 546 m² | 1 · 153 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 37,490 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2016
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.